1641 Taylor AveLouisvilleKY40213
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Louisville at 1641 Taylor Ave, Louisville, KY, 40213 uses $77,869 cash to close to unlock $9,889/yr annual cash flow and $824/mo monthly cash flow. Total monthly income runs $2,254/mo, and a $1,150/mo payment keeps the spread at $824/mo. Purchase price stands at $234,900, and rental yield measures 11.51% with $2,254/mo rent. Return on cash invested shows 32.61% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 170.88% and total cumulative return in cash records $133,065. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,254/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1918
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40213, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,522 (100%) |
| Owner Occupied HU | 4,211 (56.0%) |
| Renter Occupied HU | 2,733 (36.3%) |
| Vacant Housing Units | 578 ( 7.7%) |
| Median Home Value | $204,545 |
| Average Home Value | $258,518 |
Housing Distribution
Address Breakdown
Residential
7,568
Single Family
7,172
Multi-Family
396
Businesses
863
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Listed by: Kyle Wohrle • Schuler Bauer Real Estate Services ERA Powered
Mls Name: GLARMLS
Mls ID: #1707036